Rethinking Africa’s economic and social development (1)
Olukayode Oyeleye
August 28, 2018
Events of the past three decades have had significant social, political and economic impacts on Africa as well as the entire world to varying degrees. For Africa in particular, the varying degrees of impacts and their causes have been subjects of studies, commentaries and criticisms through the subsequent years. The missing links, however, involve those […]
Motor third party +
Francis EwheridoAugust 20, 2018
One of the complaints against the insurance industry is that it is not innovative. That is not totally correct, in my opinion. I believe the industry is innovative; maybe not as fluid and dynamic as expected, but it is moving slowly within the regulatory framework it operates in. We should also not forget that the […]
Sustainable transportation and case for alternative fuel for vehicles
CHIJIOKE NWAOZUZUAugust 20, 2018
The Nigerian economy has borne the huge burden of subsidy payments on petroleum products. Massive importation of light petroleum products (petrol, diesel, and kerosene) continues unabated because the national refineries are working sub-optimally and new ones are yet to be constructed. Recently, government announced its plan to privatize the old and mismanaged refineries, which was […]
Africa’s dilemma and the right energy pathway (4)
African Development BankAugust 20, 2018
Conducive climate and renewable energy supply and utilisation can co-exist in a complementary and sustainable manner in Africa. For this to happen, many key issues need to come under focus. First, Africa must evolve policies that address both issues simultaneously as a two-way traffic. The interwoven issues, requisite trade-off and changing socio-political milieu will have […]
Africa’s dilemma and the right energy pathway (3)
Olukayode OyeleyeAugust 13, 2018
The aftermath of breakdown of dams could have significant consequences for Africa, irrespective of where it occurs. Observers have expressed concerns that diverting the flow of the Congo River to create a reservoir would flood the Bundi Valley, affecting local agricultural lands and natural environments, and may cause huge methane emissions that would contribute to […]
Growing indigenous technology for Nigeria’s petroleum industry
CHIJIOKE NWAOZUZUAugust 13, 2018
Technology can have a substantial impact on an industry’s performance. Consider the effect of genetic engineering on pharmaceuticals, of transistors on telecommunications and of plastics on metals. Identification of the commercial potential of technological developments has dramatically accelerated world-wide, and the lag between ideas, invention and commercialization has decreased. In the past ten to 12 years, […]
Random thoughts on insurance broking and IT
Francis EwheridoAugust 13, 2018
Thursday, August 2, 2018, was time for the mid-year workshop of members of the Lagos Area Committee (LAC) of the Nigerian Council of Registered Insurance Brokers. Technology is changing faster than many people are changing their clothes. So it was no surprise that information technology featured prominently during the workshop with the theme, “Insurance Broking: […]
Salary protection insurance
Francis EwheridoAugust 6, 2018
This insurance product is comparatively new in the market and it is meant for certain people in paid employment in selected sectors of the economy, especially breadwinners. Hopefully, workers in other sectors will enjoy the benefits as the policy gets older and more data are gathered. Salary Protection Insurance protects employees who may lose their […]
Africa’s dilemma and the right energy pathway (2)
Olukayode OyeleyeAugust 6, 2018
As Africa warms up join the hydroelectirc dams race, some crucial issues are worthy of attention. How much of some SWOT analysis has been done before joining this rat race? What are the anticipations, the expectations and the fears, real or imagined? With what resources, and at what costs, are these grandiose projects to be […]
Marginal oil fields development in Nigeria: Way forward
CHIJIOKE NWAOZUZUAugust 6, 2018
Marginal Oil fields development in Nigeria represents an opportunity to increase indigenous participation in petroleum upstream activities. It is also anticipated that the additional production from these stranded / satellite fields will boost the nation’s daily crude production output and government revenue. The term ‘marginality of a field’ is subjective but, whether it is untapped, […]